Key Words: JPMorgan Chase CEO Jamie Dimon says looser rules did not cause recent bank failures

JPMorgan Chase & Co. CEO Jamie Dimon said a rollback of banking regulations during the Trump administration was not to blame for the recent U.S. bank failures, in the second part of an interview with CNN.

Dimon said U.S. senators who have pointed to the lighter regulation for smaller banks that was introduced in 2018 as a factor in the blowup of Silicon Valley Bank and Signature Bank are mistaken.



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